|By Business Wire||
|October 9, 2012 07:00 PM EDT||
Leading catastrophe modeling firm EQECAT will host a half day event to unveil the RQETM (Risk Quantification & Engineering) catastrophe risk modeling platform and EQECAT’s new Australia Earthquake Model. The event will be held in Sydney on 5 November 2012 at the Radisson Blu Plaza, followed by a cocktail reception. There is no cost to attend this event.
EQECAT's Australia Earthquake Model is the first catastrophe risk model to implement the 2012 hazard model update from Geosciences Australia. The model was developed especially for Australia's unique mid-plate tectonic setting and features region-specific innovations in both hazard and vulnerability.
"EQECAT's Australia Earthquake Model update, which is being delivered in our state-of-the-art RQE platform, is a demonstration of our commitment to helping re/insurers in Australia set rational expectations about risk," said EQECAT president Bill Keogh, regarding the upcoming release.
EQECAT’s Australia RQE Release Event is designed for re/insurance industry professionals including catastrophe risk underwriters, managers, analysts and technology staff.
Learn more and register for EQECAT’s Australia RQE Release Event.
EQECAT connects re/insurance and financial services clients with the world’s leading scientific minds to quantify and manage exposure to catastrophic risk. Leveraging decades of experience, EQECAT’s comprehensive methodology is distinguished by a unique treatment of uncertainty that helps clients set rational expectations about risk.
RQETM (Risk Quantification & Engineering), EQECAT’s new catastrophe risk modeling platform, will provide enhanced functionality and user experience with a new financial model, import workflow and user interface. Increased analytical speed, expanded reporting and improved integration capabilities provide clients with increased transparency and faster access to results for 180 natural hazard software models for 96 countries spanning six continents.
EQECAT, a subsidiary of ABSG Consulting Inc., was founded in 1994 and is headquartered in Oakland, California.
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